Just to share something with someone who is investing in the housing market. ; S6 K; Z4 n: ?Bought another condo and rent it with $1300/month. Condo fee V) l( [" s+ |1 ]and loan interest (3 years prime-0.85) total $1100/month. Not too bad. ' A& n2 }* ?+ Z7 @Also bought a new luxury apartment in China last month with $150,000. # i0 c; P2 |% P! M/ BThat unit worths $160,000 this month.) v+ T: S7 @; M9 N8 c' m" i5 J& _
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.# m. c i/ H( W R6 e2 p
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.) P2 w I4 U) h; S. W2 C
Well, it is still the highest ever for my currency exchange history.